tiktok���˰�

The House Contract serves as a fundamental legal instrument for residential property leasing in Saudi Arabia, essential for both individual and corporate lessors and lessees. It establishes the legal framework for the lease of residential properties while ensuring compliance with Saudi Arabian civil law, rental regulations, and Sharia principles. This document is typically used when formalizing a residential tenancy arrangement and includes comprehensive details about the property, rental terms, maintenance responsibilities, and dispute resolution procedures. The contract addresses specific requirements of Saudi Arabian property law, including the need for clear documentation of property condition, payment terms structured in accordance with Islamic finance principles, and mechanisms for dispute resolution through local authorities. It provides essential protection for both landlords and tenants while maintaining alignment with local cultural and legal requirements.

1. Parties: Identification of landlord and tenant with full legal names, identification numbers, and contact details as required by Saudi law

2. Background: Context of the agreement and confirmation that the property is legally owned by the landlord and available for lease

3. Definitions: Key terms used throughout the agreement, including property definition, commencement date, and other relevant terms

4. Property Details: Comprehensive description of the property, including address, size, number of rooms, and any included fixtures and fittings

5. Term and Renewal: Duration of the lease, commencement date, expiry date, and conditions for renewal

6. Rent and Payment Terms: Rental amount, payment schedule, method of payment, and deposit requirements (structured to comply with Sharia law)

7. Obligations of the Landlord: Landlord's responsibilities including maintenance, repairs, and service provisions

8. Obligations of the Tenant: Tenant's responsibilities including proper use of property, maintenance, and compliance with local regulations

9. Utilities and Services: Responsibility for utility connections, payments, and maintenance of services

10. Maintenance and Repairs: Detailed breakdown of maintenance responsibilities between parties

11. Alterations and Improvements: Rules regarding modifications to the property

12. Access and Inspection: Landlord's rights to access the property with appropriate notice

13. Termination: Conditions under which either party may terminate the agreement

14. Dispute Resolution: Process for resolving disputes in accordance with Saudi law

15. Governing Law: Confirmation that the agreement is governed by Saudi law and Sharia principles